Retail Sales and Wholesale Sales are the only divisions of Michael Company. The following information was gathered for the two divisions for the current year:

	Retail Division				Wholesale Division
Operating income	$	6,600,000			$	3,100,000
Operating assets	$	36,600,000			$	16,600,000

The company has $1,600,000 in operating assets that are not assigned to either of the divisions and $260,000 in corporate expenses that are not reflected in the information above. Based on this information, what is the ROI for the company as a whole?

Answers:

A. 23.17%

B. 36.71%

C. 17.23%

D. The Answer cannot be determined using the information provided